Smokefree Innotec (SFIO) Soars 80% In a Week: Is It Sustainable?

The Smokefree Innotec Inc (OTC: SFIO) stock has been in the middle of a remarkable rally this week and it might be time for investors to start taking stock of the situation.

The Smokefree stock rallied by as much as 24% on Tuesday and took its total gains for the past week to 80%. While the gains have been eye-catching, it is also equally important to point out that there has been no recent news about the company. The last significant news with regards to the company came about back in November last year. At the time, the company announced that it was going to be taken over by Agrokings Incorporated and it signed an agreement to that effect.

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Agrokings is a sprawling company and has interests in a range of related industries starting from agriculture and hospitality to electronics and coffee franchises. In this situation, it is necessary for companies to keep an eye on the news wires with regards to any development with regards to Smokefree.

Uson Abdilazhanov

Editor and Computer Expert A hardcore tech enthusiast and computer expert Uson Abdilazhanov who holds a degree in communications started writing in his personal blogs since 2012. That time he was interested in the technical part of the computer. But now the software aspect plays an important role in his career. Currently, he runs a PC building and repairing shop which helps a lot of designers and gamers who always like to try new things.